Retail

Retail is the process of selling consumer goods or services to customers through multiple channels of distribution to earn a profit. Retailers satisfy demand identified through a supply chain.

(source: en.wikipedia.org)

Best Buy Forms Retail Media Partnership With CNET
Best Buy Forms Retail Media Partnership With CNET
April 25, 2024  |  Retail

Best Buy has launched a retail media partnership with consumer technology publication CNET. The collaboration is designed to help brands reach larger audiences of “high intent” shoppers at...

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Adyen Reports Digital Transactions Rise 51% as Enterprises Increase Volume
Adyen Reports Digital Transactions Rise 51% as Enterprises Increase Volume
April 25, 2024  |  Earnings

Dutch payments firm Adyen saw its digital processed volume leap 51% year over year during the first three months of 2024. This happened during a...

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Walmart Gives Online Shoppers VIP Treatment to Compete With Amazon
Walmart Gives Online Shoppers VIP Treatment to Compete With Amazon
April 25, 2024  |  Retail

As Walmart looks to speed its digital transformation in an effort to shrink the eCommerce gap between itself and rival Amazon, the retailer is giving digital shoppers...

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Shoppers Demand More Experiential Brick-and-Mortar Stores
Shoppers Demand More Experiential Brick-and-Mortar Stores
April 25, 2024  |  Retail

With eCommerce often proving the most convenient option for the practical elements of shopping, consumers are demanding brick-and-mortar retailers provide them with an experience they...

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Tech-Enabled Solutions Put the Brakes on Returns Fraud
Tech-Enabled Solutions Put the Brakes on Returns Fraud
April 24, 2024  |  Retail

An integral aspect of the retail cycle, returns have surged in recent years with the growth of online channels. However, accompanying this increase in returns...

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Walmart Investors Expect Stiffer Competition in Grocery Sector From Amazon
Walmart Investors Expect Stiffer Competition in Grocery Sector From Amazon
April 24, 2024  |  Retail

Investors reportedly expect increased competition in the grocery sector after Amazon’s announcement Tuesday (April 23) of a new grocery delivery subscription benefit. Walmart and Kroger shares declined 1.8% and...

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Online Shoppers Are Starting to See Amazon as a Fashion Destination
Online Shoppers Are Starting to See Amazon as a Fashion Destination
April 24, 2024  |  Retail

As consumers look to buy clothing online, PYMNTS Intelligence research reveals that digital shoppers are increasingly turning to Amazon to meet their apparel needs. By...

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DoorDash and Walgreens Team to Offer SNAP/EBT Payments
DoorDash and Walgreens Team to Offer SNAP/EBT Payments
April 24, 2024  |  Partnerships

DoorDash has teamed with Walgreens to offer SNAP/EBT payments at nearly 7,800 locations. According to its announcement Wednesday (April 24), DoorDash is the first platform that enables SNAP customers to...

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Parents Are Buying Their Kids Experiences, Not Toys
Parents Are Buying Their Kids Experiences, Not Toys
April 24, 2024  |  Retail

Toy and game companies are seeing sales declines, as parents opt to spend on making memories for their children rather than on new products for...

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